Enchem Balance Sheet Health
Financial Health criteria checks 3/6
Enchem has a total shareholder equity of ₩359.1B and total debt of ₩260.5B, which brings its debt-to-equity ratio to 72.6%. Its total assets and total liabilities are ₩862.9B and ₩503.8B respectively. Enchem's EBIT is ₩3.0B making its interest coverage ratio 0.1. It has cash and short-term investments of ₩51.6B.
Key information
72.6%
Debt to equity ratio
₩260.53b
Debt
| Interest coverage ratio | 0.09x |
| Cash | ₩51.55b |
| Equity | ₩359.10b |
| Total liabilities | ₩503.80b |
| Total assets | ₩862.90b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: A348370's short term assets (₩278.9B) do not cover its short term liabilities (₩464.7B).
Long Term Liabilities: A348370's short term assets (₩278.9B) exceed its long term liabilities (₩39.1B).
Debt to Equity History and Analysis
Debt Level: A348370's net debt to equity ratio (58.2%) is considered high.
Reducing Debt: Insufficient data to determine if A348370's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: A348370 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: A348370 has sufficient cash runway for 2.4 years if free cash flow continues to grow at historical rates of 26.8% each year.